Not enough profit opportunities in prediction markets?

Robin “High IQ” Hanson:

(Don’t bother to complain such a market might pay terrorists to do it – they could make far far more money from such an act trading in existing financial markets.)

Coming from one of the co-inventors of modern-day prediction markets, I take this as a confession.

Confession

There is not enough leverage possibility in our existing, retail, Web-based, intermediary-free, event derivative markets. Spread betting exchanges, anyone?

About Chris F. Masse

Founder and President of Midas Oracle
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